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    TCPL Packaging Limited

    India's largest standalone paperboard converter and a top folding-carton maker, plus flexible packaging and rigid boxes.

    Capital Goods
    Industrials
    View TCPLPACK earnings calls
    ₹3,029.4
    +15.47% from avg

    Overview

    Price

    ₹3,029.4

    Market Cap

    ₹2.9k Cr

    Sector

    Capital Goods

    Industrials

    Rank

    5

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital99999999
    Reserves260291331433514635664710
    Borrowings356321463501504651654634
    Other Liabilities174217268274299317339363
    Total Liabilities7998381.1k1.2k1.3k1.6k1.7k1.7k
    AssetsFixed Assets452448541580696771737895
    CWIP11148447645410
    Investments000000540
    Other Assets346379482593623776822811
    Total Assets7998381.1k1.2k1.3k1.6k1.7k1.7k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating818611197109234133271
    Cash from Investing-69-72-41-195-90-157-150-141
    Cash from Financing-11-16-67101-22-7618-127
    SummaryCapital Expenditure
    Free Cash Flow-92556-881392-24121
    FCF Margin

    Valuation

    Assumptions

    Current — TCPLPACK
    Price
    ₹3,029
    EPS (TTM)
    ₹107.48
    PE (TTM)
    28.2
    Profit growth
    0.0%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (21.5×) and current (28.2×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹3,029
    vs
    Fair value · 15% return
    ₹971
    68%Overvalued

    At 0% growth and a 22× exit, ₹3029 only delivers your return if you pay ₹971. The price is currently baking in 23% growth.

    EPS grows 0%/yr for 5 years, then fades to 6% over 2, exits at 22×.

    YearGrowthEPS (₹)
    FY270.0%107.48
    FY280.0%107.48
    FY290.0%107.48
    FY300.0%107.48
    FY310.0%107.48
    FY323.0% ·fade110.70
    FY336.0% ·fade117.35

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse TCPL Packaging Limited

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